Greece's government intends to reach an agreement with its lenders on a cash-for-reforms deal by Sunday, its spokesman said on Thursday, Reuters reported. However, comments from those on the other side of the table suggested a deal was far from imminent.

On the data front, a slew of first-quarter gross domestic product (GDP) data from Europe was published Friday morning.

Greece said that its economy shrunk in the first quarter, by 0.2 percent. This confirmed a preliminary estimate earlier this month.

Denmark's economy grew by 0.4 percent quarter-on-quarter, Austria expanded 0.1 percent in the same period and revised data for the Czech Republic showed the country posted 3.1 percent growth.